The transfer of intangible assets, such as patents or know-how, is a complex process, so it is advisable that the negotiation of the terms of the license agreement be carefully reviewed by a person with experience in technology transfer.
Prior to the acquisition or sale of the technology, due diligence processes can be carried out with the objective of an exhaustive valuation of the project, company and/or technology by the potential licensor (person or entity interested in the purchase).
During these processes there may be a transfer of sensitive information and material, so it is extremely important to establish confidentiality agreements, as well as specific clauses detailing the conditions of receipt and use of the information and/or material to which access is to be had.